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Wall Street drifts near its all-time high as most stocks rise

NEW YORK (AP) — The U. S. stock market is drifting near its record levels on Wednesday following reactions to profit reports from Macy's, Marvell Technologies and other companies. The S&P 500 rose 0. 4% and pulled within 0. 5% of its all-time high set in late October. The Dow Jones Industrial Average was up 428 points, or 0. 9%, as of 1:55 p. m. Eastern time, and the Nasdaq composite rose 0. 2%. Marvell rose 5. 7% after the supplier of semiconductor products delivered a stronger profit for...

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